14th Feb 2014 11:07
LONDON (Alliance News) - Intermediate Capital Group PLC Friday said its investment in gaming arcade operator Loewen Play has been realised at some EUR12.8 million above what was paid in 2008.
ICG said it will receive three quarters of the EUR60.7 million proceeds, and the remainder will be received by the ICG European Fund 2006, one of its mezzanine-debt and equity funds.
ICG will continue to hold a minority equity instrument in Loewen Play following the sale.
ICG said it will continue to make the market aware of significant realisations.
ICG shares were Friday quoted at 426.30 pence, up 2.70 pence, 0.6%.
By Samuel Agini; [email protected]; @samuelagini
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